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WHY INDIA IS NOT THE NEW CHINA


India's economy grew at its slowest pace in 15 months in the April to June quarter, highlighting the challenges faced by Prime Minister Narendra Modi's government to cement the country's position as a driver of global growth amid a slowdown in neighboring China. The South Asian country logged 7.1 percent gross domestic product(GDP) growth in the first quarter of the current fiscal year, down from 7.9 percent in the preceding quarter, data released late on Wednesday showed.

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